The Reserve Bank of India (RBI) has imposed monetary penalties on five banks because of non-adherence to regulatory compliance. Shree Mahayogi Lakshmamma Co-operative Bank Ltd. The Reserve Bank of India (RBI) has imposed, by an order dated January 02, 2023, a monetary penalty of ₹1.00 lakh (Rupees One lakh only) on Shree Mahayogi Lakshmamma Cooperative […]
The Reserve Bank of India (RBI) issued notification on note Sorting Machines Authentication and Fitness Sorting Parameters. Guidelines on Note Authentication and Fitness Sorting Parameters Introduction A fit note is a note that is genuine, sufficiently clean to allow its denomination to be readily ascertained and thus suitable for recycling. An unfit note is a […]
RBI Issued Directive to All Payment System Providers and Payment System Participants – Restriction on Storage of Actual Card Data [i.e. Card-on-File (CoF)]. NOTIFICATIONS RBI/2022-23/77 CO.DPSS.POLC.No.S-567/02-14-003/2022-2 Reference is invited to Reserve Bank of India (RBI) circulars DPSS.CO.PD.No.1810/02.14.008/ 2019-20 dated March 17, 2020 and CO.DPSS.POLC.No.S33/02-14-008/2020-2021 dated March 31, 2021 on “Guidelines on Regulation of Payment Aggregators and Payment Gateways”, and CO.DPSS.POLC.No.S-516/02-14-003/2021-22 […]
The Reserve Bank of India (RBI) has decided to increase the existing limits on individual housing loans by cooperative banks. Accordingly, the limits for Tier I /Tier II UCBs shall stand revised from ₹30 lakh/ ₹70 lakh to ₹60 lakh/ ₹140 lakh, respectively. Extant guidelines prescribe prudential limits on the amount of individual housing loans […]
RBI Assistant Admit Card 2022 is expected to be released on the official website “https://www.rbi.org.in/“. In this article you will get direct link to download the admit card. RBI Assistant Admit Card: 2022 The Reserve Bank of India is going to release the admit card for RBI Assistant examination 2022 on it’s official website. Candidates […]